Wolfden Resources Corporation announced that an independent technical report entitled "National Instrument 43-101 Technical Report and Mineral Resource Estimate on the Rice Island Project, Snow Lake Manitoba, UTM NAD 83 Zone 14N 442 500 E, 6 077 500 N", with an effective date of December 13, 2021 has been filed on SEDAR. Rice Island Mineral Resource Estimate dated December 12, 2021 using a 0.5% NiEq cut-off. 4.3 Mt at 1.11% NiEq of Indicated (0.74% Ni, 0.49% Cu, 0.03% Co, 0.02% Pt, 0.03 g/t Pd, 0.06 g/t Au).

3.4 Mt at 0.89% NiEq of Inferred (0.55% Ni, 0.37% Cu, 0.04% Co, 0.02% Pt, 0.04 g/t Pd, 0.09 g/t Au). Rice Island Expansion Drill Program about to Commence: A 2,500-metre expansion drill program is expected to commence shortly to test the down-plunge extension of the Keel Zone and down-dip extension of the Feeder Zone. Geophysical, bore hole electromagnetic data indicates that the conductive zones associated with the nickel mineralization continues beyond the current depth of 475 metres.